Trade Shaved 10% Off U.S. Equities in 2018, BlackRock's Boivin Says

The video discusses the US's tough stance on China and its implications for the market. It highlights that the main story for markets in 2018 and 2019 is not just about trade but involves strategic confrontation and technology. The noise from these issues has significantly impacted US equity. The video speculates on potential trade agreements and their effects on the market, expressing skepticism about achieving a concrete agreement by March. It concludes that the broader issues extend beyond trade and will persist for months and years.

What is the main focus of the US's tough stance on China according to the speaker?

• Improving trade relations

• Strategic confrontation

• Increasing exports

• Reducing tariffs

How much did the US equity market reportedly lose due to the noise in 2018?

• 20%

• 15%

• 10%

• 5%

What is the speaker's view on achieving a concrete trade agreement by March?

• Somewhat likely

• Already achieved

• Highly likely

• Unlikely

What might help the market momentum according to the speaker?

• A complete trade agreement

• Positive noise and framework

• Increased tariffs

• Decreased exports

What does the speaker suggest about the broader issues beyond trade?

• They will be resolved soon

• They are purely economic

• They are not significant

• They will persist for a long time